Message #15 From:
NewsBot Date: July 11, 2006 06:22:00 AM
ZYNX News Zynex Medical Holdings, Inc. Retains the Investor Relations Group
LITTLETON, Colo.--(BUSINESS WIRE)--July 11, 2006--Zynex Medical Holdings, Inc. (OTCBB: ZYNX), a medical device company specializing in non-invasive, FDA-cleared electrotherapy devices for pain relief, stroke and spinal cord rehabilitation, has retained The Investor Relations Group, Inc. (IRG), a full-service investor relations firm, to serve as its new investor relations and corporate communications agency.
"The Investor Relations Group will play an integral role in ensuring Zynex Medical reaches the investment community in a strategic, effective manor," said Thomas Sandgaard, President and Chief Executive Officer of Zynex.
IRG will strive to increase investor and industry awareness of Zynex and its products within the United States and world markets by introducing the Company and its Management to pre-qualified fund managers and analysts.
About Zynex Medical Holdings, Inc.
Zynex Medical Holdings, Inc. engineers, manufactures, markets and sells its own design of electrotherapy medical devices in two distinct markets: standard digital electrotherapy products for pain relief and pain management; and the NeuroMove(TM) for stroke and spinal cord injury (SCI) rehabilitation. Zynex's product lines are fully developed, FDA-cleared and actively sold, and have been developed to uphold the Company mission of improving the quality of life of patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain.
About The Investor Relations Group, Inc.
The Investor Relations Group, Inc. (IRG), founded in 1996, represents select publicly traded companies, with a unique specialization in assisting quality under-followed companies. IRG arranges one-on-one meetings for its portfolio companies with pre-qualified money managers, handling investment portfolios that range from $10 million to $10 billion+, selected from its proprietary contact base of more than 50,000 qualified fund managers with an investing history in small-cap stocks. IRG is a full-service corporate communications company that, among other related offerings, produces all client press releases, manages shareholder communications and acts as primary contact for the investing community. IRG also houses a full-service public relations arm that specializes in building awareness of its companies within the financial and trade media, as well as the public at large.
Safe Harbor Statement
Certain statements in this release are "forward-looking" and as such are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, risks and delays associated with product development, risk of market acceptance of products, technology or product obsolescence, competitive risks, reliance on manufacturing partners, dependence on reimbursement from insurance companies, additional capital needs and other risks described in our Form 10-KSB for the year ended December 31, 2005.
